simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …

firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …

causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on … geographical mobility of workers, but does not in general confirm that homeowners have longer unemployment spells or higher … unemployment rates. Even though this finding is related to heterogeneity in the labour force and associated selectivity effects …

minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …

otherwise identical workers result in wage inequality and differences in unemployment rates. The paper is related to theoretical … wage on average and face a lower unemployment rate. Numerical computations for the specific case in which connections …